Summary The euro came under further selling pressure, with the prospect of more euros flooding the market.
LONDON (AFP) - Europe s main stock markets rallied at the start of trading on Friday, building on the previous session s gains arising from expectations of further economic stimulus for the eurozone.
London s benchmark FTSE 100 index won 0.49 percent to 6,407.48 points compared with Thursday s close.
In the eurozone, Frankfurt s DAX 30 jumped 1.13 percent to 10,610.33 points and the Paris CAC 40 gained 0.79 percent to 4,840.32.
The European Central Bank s hint Thursday at fresh stimulus measures for the stuttering eurozone economy meanwhile sent Asia stock markets and emerging currencies surging Friday.
The euro came under further selling pressure, with the prospect of more euros flooding the market weighing on the single currency.
In early European trading Friday, the euro stood at $1.1099, down from $1.1111 late on Thursday in New York. It had traded at $1.1339 Wednesday before tumbling.
"The euro has weakened sharply following yesterday s ECB monetary policy meeting," said Lee Hardman, currency analyst at Bank of Tokyo-Mitsubishi UFJ.
"The sharp weakening of the euro has been driven by the strong signal from the ECB that it will soon ease monetary policy further which is likely to be delivered as early as in December."
The recent gains for equities meanwhile come after global markets suffered their worst quarter in four years during July-September, owing to worries about the slowing Chinese economy.
